THE largest remaining private property in the Cebu IT Park was recently acquired by
a group of top Cebuano businessmen. This 1.17 hectare patch in the most valuable
address in Cebu is set to be transformed into a mixed-use urban park.
El Camino Developers Cebu, Inc.
The project is a joint venture under El Camino Developers Cebu, Inc., an undertaking
between Cebu Landmasters, Gothong Southern Properties, Acrissor Development
Corp., and RKD Property Holdings Inc. with Cebu Landmasters as the lead
This mixed-used urban park concept will be highlighted by 3 main components – a
high-rise Residential Condo, an Office Tower, and a Retail boulevard featuring a
Central Park, and is slated to become one of the imposing landmarks in the city.
Master-planned by Callison RTKL, the world’s top 3 architectural firm, and designed
by Aidea, the Philippines top architectural practice, the project will deliver a proudly
Cebuano-led project with world-class standards.
To formally forge their partnership, Cebu Landmasters and the partner businessmen
signed a joint-venture agreement in a press conference earlier today (October 17, 2016) at the Cebu City Marriott Hotel. The entire development was be unveiled during the press
conference and will enable the public to catch a glimpse of what is to come.
Phase 1 of the urban park will be the residential condominium featuring a singular
high-rise tower that stands at 40 storeys, the highest in the park and boasts of
unparalleled 360 views of the city. The tower will have high-end features and
amenities but will be offered at upper mid-market price, which is targeted to pre-sell
by the first month of 2017 – just in time for the January festivities.
The retail boulevard will host restaurants and food outlets to complement the lifestyle
of the park, which will definitely be the next “go to” place of the area. The strip will
also feature a mini Central Park with its own internal boulevard to maximize
accessibility and walkability within the enclave.
Phase 2 will be the modern office tower which will be announced on a later date.
See photos from the event below:
Cebu Landamasters Inc. Chief Operations Officer Mr. Franco Soberano welcoming the guest and media present.
Unveiling of the newest Cebu I.T Park mixed-use venture by El Camino Developers Cebu, Inc.
Chairman and Founder of Gothong Southern Properties Mr. Bob Gothong sharing the story behind the name “El Camino”. It was inspired by a hiking trip to Camino De Santiago during his stay at Harvard School of Design with Mr. Joe Soberano, CEO of Cebu Landmasters, Inc. He added that because of their shared values and trust to each other, going into a business venture together was easier.
Q&A with the media and bloggers present with the El Camino Developers Cebu, Inc. partners namely (from left to right) Mr. Hector Almario (Founder, 12Sika Holdings Corp.), Mr. Bob Gothong (Chairman and CEO, Gothong Southern Properties), Mr. Jose Soberano (Chairman and CEO, Cebu Landmasters Inc.), Mr. Ricardo King (Founder, Acrissor Development Corp.) and Mr. Darren Deen (Founder, RKD Property Holdings, Inc.).
Photo op with the partners and design consultants of El Camino Developers, Inc. (from left to right): Mr. Darren Deen (Founder, RKD Property Holdings, Inc.), Mr. Franco Soberano (Chief Operations Officer, Cebu Landmasters Inc.), Architect Jojo Tolentino (AIDEA Philippines), Architect Norman Garden (Callison RTKL), Mr. Jose Soberano (CEO of Cebu Landmasters Inc.), Mr. Hector Almario (Founder of 12Sika Holdings Corp), Mr. Bob Gothong (CEO of Southern Gothong Properties) and Mr. Ricardo King (Founder of Acrissor Development Corp.).